Sector teams

 

Statistics as at month end September 2008

 
Number of directly authorised mortgage intermediaries
Total Mortgage Intermediaries (a) 6,900
Primary Category Mortgage Intermediaries (b) 3,090
Non-Primary Category Mortgage Intermediaries (c) 3,810

 

Notes

  1. Total Mortgage Intermediaries - All firms with a mortgage advising/arranging FSA permission.
  2. Primary Category Mortgage Intermediaries - Firms that conduct mortgage broking as their main business activity.
  3. Non-Primary Category Mortgage Intermediaries - Firms that conduct mortgage broking, but not as their main business activity, for example some financial advisers.
 
Breakdown of mortgage intermediaries by legal status
  Total Mortgage Intermediaries % of Total
Total 6,900 100.0%
Limited Company 4,175 60.5%
Sole Trader 1,692 24.5%
Partnership 689 10.0%
Limited Liability Partnership 180 2.6%
Plc 84 1.2%
All Other Legal Statuses 80 1.2%

 

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Client Money status of directly authorised mortgage business firms
  Total Mortgage Intermediaries
Holds Client Money for Investment Business 403
Holds Client Money for GI but not Investment Business 318

 

 
Appointed representatives
Number of appointed representatives sponsored by primary category mortgage intermediary principals 5,001

 

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